97/450/EC: Commission Decision of 4 December 1996… Article 1

Article 1

The State aid in the form of a long-term loan of DM 5 million and the 'risk exemption` (guarantee) amounting to DM 25 million for Bestwood E.F. Kynder GmbH is unlawful since it was granted by the Land Mecklenburg-Vorpommern without Germany complying with its obligation to inform the Commission under Article 93 (3) of the EC Treaty before it was granted. The aid is incompatible with the common market within the meaning of Article 92 (1) of the EC Treaty.

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Other provisions in 97/450/EC: Commission Decision of 4 December 1996…

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CitationArticle 1 of 97/450/EC: Commission Decision of 4 December 1996… (LawPlayer, data as of 2026-07-04)

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